IBM to acquire SUN ??????

Wednesday, March 18, 2009

IBM ( International Business Machines) is going to acquire SUN microsystems is the hottest news in the market. Well this going to another huge turn around for the share market and the IT business. IBM is ready to pay around $ 6.5 billion to acquire sun microsystems. This is the least quote given by IBM so it may even go higher according to the negotiations if SUN is ready for the dealings.

In recent months, Sun has approached a number of large tech companies in the hopes of being acquired
According to sources, SUN has approched some IT giants for being acquired earlier to this. HP has declined the offer earlier. But when asked spokesman of IBM there were no comments on this news. Well we need to wait and watch for the Acquiring story off these huge IT Giants.

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